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Definitions for Deal-Seeking Buyers: Short Sales, Foreclosures, and REO Homes

HomeLight

You may have heard that short sales, foreclosures, or bank-owned properties offer great opportunities for a steal , but what do these different terms mean, and how does the homebuying transaction work for each? What’s the difference between buying a short sale vs. a foreclosure, and where can the best deals be had?

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Need to sell your house fast? Here are 7 great options

Housing Wire

Investment homes often take longer to sell because your audience is other investors. If your home is more of an investment home, investors often want a home already outfitted with tenants or an underpriced home, so there’s room in the pricing to cover the cost of renovations. Consider a Short Sale.

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How Smart Investors Decipher & Respond to Real Estate Market Cycles

The Close

Unfortunately, we as investors are mere mortals and don’t have infinite time on this earth. Therefore, in this article we will explore common real estate market cycles and the indicators you can look for to better understand which market stage your area is in. 8 Stages of Real Estate Market Cycles. Real estate sales by unit.

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This savagely unhealthy housing market needs higher rates

Housing Wire

My rule to get the housing market out of the unhealthy stage is that we need total inventory back between 1.52 This created an abnormal amount of foreclosures and short sales, which exploded the supply levels for the existing home sales market. Inventory is always seasonal. million and 1.93 I use the 1.52-1.93

Marketing 521
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Foreclosed Properties: How to Buy One and Whether You Should

Realty Biz

Finding properties in one of the stages of foreclosure is often as easy as looking through a simple Zillow search. When to Look for Foreclosures Christina says that one of the best opportunities is at the earliest stage of foreclosure. These sales can be slow ,” says Christina, “and you are at the mercy of the bank.

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What’s behind the sharp decline in mortgage delinquencies?

Housing Wire

The economic and job market rebound, coupled with the successful exits from forbearance for many homeowners, contributed to these declines, and particularly for those in later stages of delinquency. The forbearance data are tracked by investor category (Fannie/Freddie, Ginnie, Portfolio/PLS) and servicer category (IMB, depository).

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Share of Mortgage Loans in Forbearance Decreases to 1.05% in March

RIS Media

By investor type, the share of Ginnie Mae loans in forbearance decreased relative to the prior month: from 1.50% to 1.38%. By stage, 29.7% of total loans in forbearance are in the initial forbearance plan stage, while 57.2% resulted in repayment plans, short sales, deed-in-lieu or other reasons. The remaining 1.3%

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